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L’Américain Michael Calvey et le Français Philippe Delpal ont été condamnés à des peines avec sursis pour détournement de fonds, dans une affaire qui a secoué les milieux d’affaires occidentaux en Russie.
De la prison mais avec sursis. Après cinq mois de procès, et deux ans et demi d’une saga qui a secoué le climat d’investissement à Moscou et créé une tension franco-russe supplémentaire, le réquisitoire du parquet pourrait annoncer un compromis politico-judiciaire au terme de l’affaire Baring Vostok. Le verdict devrait tomber le 2 août. Dans une justice russe connue pour sa dépendance des autorités et son taux de culpabilité frôlant les 100 %, les réquisitions du jeudi 15 juillet ont douché les espoirs de la défense. Le parquet a requis des peines de six et cinq ans de p...
Baring Vostokâs Calvey believes court is delaying proceedings against him Instead of investing money in the Russian economy, time is being waisted on this process, Calvey said Michael Calvey© Sergei Karpukhin/TASS MOSCOW, March 3. /TASS/. Michael Calvey, the founder of the Baring Vostok private equity firm, believes that the Meshchansky court in Moscow is delaying the proceedings against him creating obstacles for investments in the Russian economy. Read also Calvey is a defendant in the case of embezzling 2.5 bln rubles of the Vostochny bank's loan funds. "I have a feeling that proce...
A prominent U.S. investor currently on trial in Russia on embezzlement charges says he plans to continue to invest in the Russian economy when his prosecution comes to an end.
Baring Vostokâs founder Calvey set to seek verdict of acquittal in court The defendant said the case was groundless as there were neither victims, nor corpus delicti, nor any evidence MOSCOW, February 17. /TASS/. Founder of the Baring Vostok private equity firm, Michael Calvey, who is accused of embezzling 2.5 billion rubles ($33.7 mln), said in court on Wednesday that he is going to seek the verdict of acquittal to continue investing in the Russian economy, a TASS correspondent reported from the courtroom. Read also "We look forward to continuing hearings on the merits and an early comp...